Tag: Middle East: Imported HRC prices remains stable

The imported HRC market in the Middle East (ME) turned quiet this week with buyers opting for a ‘wait-and-watch’ approach amid the ongoing Ramadan season. Chinese HRC offers continued to remain competitive. The current offers from China to the ME are at $590-600/t CFR UAE from tier-1 mills, while tier-2 mills’ offers are hovering around…